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AHMED mohamed ZAHRAN

CFO

Khobar, Saudi Arabia

Work Experience

  • CfoFull Time

    Faraidy Group

    Oct 2021 - Present -3 yrs, 9 months

    Saudi Arabia , Khobar

    • Job Details:Providing leadership, direction and management of the finance and accounting team Providing strategic recommendations to the CEO/president and members of the executive management team Managing the processes for financial forecasting and budgets, and overseeing the preparation of all financial reporting Advising on long-term business and financial planning Establishing and developing relations with senior management and external partners and stakeholders Reviewing all formal finance, HR and IT related procedure
  • CfoPart Time

    Crestwood KSA

    Jul 2020 - Present -5 yrs

    Saudi Arabia , Khobar

    • Job Details:Provide leadership and management to the financial department Provide financial strategy recommendations to CEO/President and executive team Identify and address potential financial risks for the company Oversee all financial decisions, such as budgeting and auditing Implement strategies and systems to improve financial performance Support financial department in developing short and long term financial goals Review financial reports and determine methods to reduce costs Take control of financial records and documentation Serve as a key point of contact for financial department and auditors Daily CFO Responsibilities Overseeing the reconciliation of income and expense reports Preparing and analyzing financial statements and profit and loss reports Designing financial models that will benefit different operating initiatives Supervising the finance department and ensuring that all activities are current and updated Though this list is not all-encompassing, it captures a brief look into the daily and general responsibilities of a CFO. CFO responsibilities may also vary depending on the company’s size as well as its needs and goals, so candidates should be flexible.
  • CfoFull Time

    Al muhaidib Company

    Feb 2020 - Oct 2021 -1 yr, 8 months

    Saudi Arabia , Dammam

    • Job Details:Leading the directions towards the company transforming from unrelated group of companies to an umbrella that brings them together as a holding company (closed joint stock company) through the following:  Structural changes in regulations and policies.  Modifications of organizational structures to functional structures instead of the simple structure.  Managing the financing structures in a more professional manner to control the rhythm of liquidity.  Cost Reducing by eliminating the non-adding value cost.  Restructuring the commissions and incentives systems to be more motivating and less expensive.
  • Financial Planning & analysis manager - CFO DeputyFull Time

    Zamilco , KSA

    Jun 2015 - Jan 2020 -4 yrs, 7 months

    Saudi Arabia , Riyadh

    • Job Details:• Created standardized, workable Costing systems with control reports • Apply the costing system with Microsoft dynamic and segment ERP systems.. • Prepare package reports to cover process costing analysis & Job order performance. • Budget preparation system with variance analysis incorporated with management by exception. • Manage Controllers and accounting staffs for three locations. • Achieved cost saving of SAR10 million in the manufacturing department budget by re-arranging workloads and restructuring of the process and help R&D dep. in “BOM” with proper reports. • Prepared feasibly studies for all investment projects which enabled the company to benefit from the proper projects & rejects the non-added value.
  • Education

    • finance in Finance

      Arab Academy for Science, Technology and Maritime Transport (AAST)

      Jan 2020 - Jan 2023 - 3 yr

    • MSc in Finance

      Arab Academy for Science, Technology and Maritime Transport (AAST)

      Jan 2018 - Jan 2020 - 2 yr

    • MBA in Bossiness Administration

      Cardiff Uni.

      Jan 2017 - Jan 2019 - 2 yr

    • Technical Diploma in costing Acounting

      Tanta University

      Jan 2005 - Jan 2007 - 2 yr

    Achievements

    CMA Holder in 2017 MBA candidate Created standardized, workable Costing systems with control reports Apply the costing system with Microsoft dynamic and segment ERP systems

    Skills

    • Microsoft Office
    • Feasibility Studies
    • ERP Implementation

    Languages

    • Arabic

      Fluent
    • English

      Advanced

    Training & Certifications

    • Value Added Tax

      IMA @ Riyadh Chamber·2017
    • CMA

      IMA - Institute of management accounting USA·2017
    • Budgeting

      arab Academy·2011
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